Decision Science In Action
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Decision Science in Action
This book provides essential insights into a range of newly developed numerical optimization techniques with a view to solving real-world problems. Many of these problems can be modeled as nonlinear optimization problems, but due to their complex nature, it is not always possible to solve them using conventional optimization theory. Accordingly, the book discusses the design and applications of non-conventional numerical optimization techniques, including the design of benchmark functions and the implementation of these techniques to solve real-world optimization problems. The book’s twenty chapters examine various interesting research topics in this area, including: Pi fraction-based optimization of the Pantoja–Bretones–Martin (PBM) antenna benchmarks; benchmark function generators for single-objective robust optimization algorithms; convergence of gravitational search algorithms on linear and quadratic functions; and an algorithm for the multi-variant evolutionary synthesis of nonlinear models with real-valued chromosomes. Delivering on its promise to explore real-world scenarios, the book also addresses the seismic analysis of a multi-story building with optimized damper properties; the application of constrained spider monkey optimization to solve portfolio optimization problems; the effect of upper body motion on a bipedal robot’s stability; an ant colony algorithm for routing alternate-fuel vehicles in multi-depot vehicle routing problems; enhanced fractal dimension-based feature extraction for thermal face recognition; and an artificial bee colony-based hyper-heuristic for the single machine order acceptance and scheduling problem. The book will benefit not only researchers, but also organizations active in such varied fields as Aerospace, Automotive, Biotechnology, Consumer Packaged Goods, Electronics, Finance, Business & Banking, Oil, Gas & Geosciences, and Pharma, to name a few.
Data Science in Action
Unlock the transformative power of data with "Data Science in Action," your gateway to understanding how data science is revolutionizing diverse industries. This compelling eBook explores cutting-edge applications of data science that are not only reshaping businesses but also improving everyday lives. Dive into the world of healthcare, where data-driven insights are driving predictive analytics to prevent diseases and foster personalized medicine. Explore how retailers harness data to decipher consumer behavior and optimize pricing strategies, while financial institutions enhance risk management through sophisticated fraud detection and credit scoring models. "Data Science in Action" takes you beyond theory, presenting practical applications in marketing with targeted advertising and dynamic pricing strategies, and in education with adaptive learning systems that cater to individual needs. Discover the innovations transforming manufacturing processes through predictive maintenance and quality control, and see how smart farming techniques are boosting agricultural efficiency. From streamlining logistics in transportation to refining energy management with smart grids and renewable forecasts, every chapter unveils how data science is embedded in the fabric of our modern era. Uncover the secrets of viewer engagement in entertainment, and delve into data-driven decision-making in government policy and crime prevention. This book also ventures into real estate with predictive modeling and urban planning insights, unlocking the strategies behind successful property valuations. In sports, data is enhancing athlete performance and honing fan engagement strategies. "Data Science in Action" concludes with a forward-looking perspective on emerging trends and technologies, while addressing the ethical considerations and challenges inherent in this transformative field. Whether you're a data science enthusiast or a professional seeking to integrate data insights into your operations, this eBook is your ultimate guide to understanding and applying the principles of data science in practical, impactful ways. Transform how you perceive and utilize data today with "Data Science in Action."
Decision Science and Technology
Author: James Shanteau
language: en
Publisher: Springer Science & Business Media
Release Date: 2012-12-06
Decision Science and Technology is a compilation of chapters written in honor of a remarkable man, Ward Edwards. Among Ward's many contributions are two significant accomplishments, either of which would have been enough for a very distinguished career. First, Ward is the founder of behavioral decision theory. This interdisciplinary discipline addresses the question of how people actually confront decisions, as opposed to the question of how they should make decisions. Second, Ward laid the groundwork for sound normative systems by noticing which tasks humans can do well and which tasks computers should perform. This volume, organized into five parts, reflects those accomplishments and more. The book is divided into four sections: `Behavioral Decision Theory' examines theoretical descriptions and empirical findings about human decision making. `Decision Analysis' examines topics in decision analysis.`Decision in Society' explores issues in societal decision making. The final section, `Historical Notes', provides some historical perspectives on the development of the decision theory. Within these sections, major, multi-disciplinary scholars in decision theory have written chapters exploring some very bold themes in the field, as an examination of the book's contents will show. The main reason for the health of the Decision Analysis field is its close links between theory and applications that have characterized it over the years. In this volume, the chapters by Barron and Barrett; Fishburn; Fryback; Keeney; Moreno, Pericchi, and Kadane; Howard; Phillips; Slovic and Gregory; Winkler; and, above all, von Winterfeldt focus on those links. Decision science originally developed out of concern with real decision problems; and applied work, such as is represented in this volume, will help the field to remain strong.